CGI's U.S. has announced a significant milestone by securing a 10-year Indefinite Delivery, Indefinite Quantity (IDIQ) contract with the Administrative Office of the U.S. Courts (AOUSC). This contract, with a potential value of $143.5 million, underscores CGI's commitment to providing strategic consulting, advisory, application operations and management, hosting, and support services aimed at modernizing the Judiciary's financial management and acquisitions procedures through their Momentum® platform.
The contract structure includes a 1-year base purchase with nine 1-year options, emphasizing the long-term partnership between CGI and AOUSC. This collaboration is poised to bring a holistic and flexible approach to digital transformation in the federal judiciary, aligning with the ever-evolving IT landscape.
CGI Momentum®, designed specifically for government organizations, stands as a powerful tool for streamlining contracting and financial management processes. With enhanced automation and data capabilities, this platform empowers over 100 federal agencies with actionable insights, courtesy of a dedicated team of financial, acquisitions, budget, and asset management experts, along with technology specialists. CGI's commitment to collaboration with federal agencies aims to revolutionize operations, bolster efficiency, and introduce lasting improvements grounded in mission-oriented solutions and commercial best practices.
Brian Becker, CGI Vice President and Sector Lead for the U.S. Federal Judiciary and Legislative Branch, highlighted the importance of Momentum® software in improving operational efficiency and enhancing the user experience within the judicial branch. This transformation ultimately leads to better stewardship of taxpayer dollars, marked by financial transparency, accountability, and improved performance.
CGI Federal Inc., a wholly owned U.S. subsidiary of CGI Inc., has a rich history of partnering with federal agencies across various sectors, including defense, civilian, healthcare, intelligence, and international affairs missions. As a major player in the IT and business consulting industry, CGI Inc. has been delivering strategic IT and business consulting, systems integration, managed IT services, and intellectual property solutions for over four decades. With a global workforce of 91,500 consultants and experts, CGI Inc. is dedicated to driving digital transformation and accelerating results for its clients.
It is essential to note that forward-looking information in the press release highlights CGI Inc.'s intentions, plans, expectations, and objectives. While these statements are based on historical patterns, current conditions, and predicted future developments, they are subject to inherent risks and uncertainties, which could cause actual results to differ from expectations. CGI Inc. acknowledges the importance of risk assessment and commits to keeping investors and stakeholders informed about potential challenges and opportunities.
With CGI Momentum® at the forefront of this initiative, the future looks promising for improved efficiency, transparency, and accountability in the management of taxpayer dollars.